Marketplace Morning Report®

Marketplace Morning Report for Thursday, August 23, 2012

Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. The presidential race is heating up and this morning President Barack Obama's campaign announced it's going to start taking campaign donations via text message. Elsewhere today, GOP Presidential candidate Mitt Romney unveils his energy plan at a campaign stop in New Mexico. And while the Chinese economy shows some signs of slowing, not that everyone is suffering. Workers at state-run companies in China receive not just good salaries, but all kinds of perks -- from mortgage payments to fancy cars.

French President Francois Hollande travels to Berlin today to meet with German Chancellor Angela Merkel. That comes a day after Greek prime minister Antonis Samaras asked for more time to get Greece's fiscal house in order. In fact, over the next few days, Europe's skies will be full of dignitaries crisscrossing the continent trying to find a solution to the ongoing debt crisis.

Notes from a Fed meeting earlier this month were released yesterday and they seem to indicate more stimulus is on the way. And while the Chinese economy shows some signs of slowing, not that everyone is suffering. Workers at state-run companies in China receive not just good salaries, but all kinds of perks -- from mortgage payments to fancy cars.

There are new signs the Federal Reserve is getting ready to pump more money into the U.S. economy. Notes from a Fed meeting earlier this month were just released and they seem to indicate we've got another economic stimulus package in our future.

Hormel announces its earnings today. The company is the third-largest seller of meat, and with the drought and commodity prices rising, investors are looking for signs of the food industry's long-term outlook.

Workers at state-run companies in China are riding pretty high. Beyond standard salaries, there are often a lot of perks for state workers, including mortgage payments, groceries, fancy cars. And it's all tax free.